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Ford has redrawn its electric vehicle roadmap, announcing that it will pull back from large EVs as the US carmaker transitions towards hybrids, petrol-powered trucks and a new battery storage venture. The auto giant also predicted profits to take a hit of almost $19.5 billion in the next few years.The US automaker, on Monday, said…
US President Trump indicated on Monday that he plans to lower tariffs on India in the future. (AI image) With US President Donald Trump hinting at a trade deal soon, Global Trade Research Initiative (GTRI) founder Ajay Srivastava says that India should push for rollback of 25% tariffs on account of Russian crude oil. Srivastava…
China is creating a new licensing system to make rare earth exports faster and easier. However, the country has given no sign that it will remove the restrictions put in place in April, falling short of meeting US President Donald Trump’s hopes of a full rollback.The ministry of commerce told some exporters that they will…
